Over-assessed vs. comparables

2203 Rivas St

San Antonio, 78228 · Bexar County, Texas · commercial property · 10,352 sq ft · Texas Tax Code §42.26

$2,025estimated overpaid in property tax / year

This property's assessment sits above the comparable basis its tax bill should follow — a strong opening for an appeal.

What the public records show

Bexar public rollTexas
Current assessment$518,620
What the comparable appraisals support$426,591
Estimated over-assessment$92,029 · 17.7%
Comparable basis$41/SF
Estimated tax saved / year$2,025

Straight from the public Texas roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable appraisals behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public assessment figures matter.

Comparable assessment $/SFAdjusted $/SFSizeBuilt
$17$179,727 SF1958
$26$258,807 SF
$28$2710,013 SF1950
$35$349,616 SF
$35$348,010 SF1959
$48$489,951 SF
$55$546,949 SF1960
$65$637,004 SF1958

Why this is the lever

Texas Tax Code §42.26

Under §42.26, if a property is appraised above the median appraised value of a reasonable number of comparable properties (adjusted for size, age, and location), the value must be brought down to that median.

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